Disintermediation which can be used to describe the kind of shakeups that perhaps are occurring in the television industry where many of the most popular series are streamed as well as produced by Netflicks rather than appearing on traditional cable channels like HBO.
Bell Labs arguably enabled Silicon Valley. How to unpack all this? Gertner is joining a debate that has been going on quietly for a number of years now, but which, with economic distress, is now resurfacing.
Dr. Joseph Schumpeter will never be the subject of a Hollywood-style biopic, but his ideas on the rise and fall of industries form the basis for the script the media business finds itself following today.